USD/JPY attracts bids near 144.00, however, the outlook is still uncertain. Moody’s downgraded the US Sovereign Credit rating to Aa1, citing mounting debt concerns. Japan’s…
During the trading session on Friday, we have seen the US dollar initially pulled back a bit, but it has turned around to show signs…
USD/CAD may find initial resistance at its six-week high of 1.4016. The 14-day RSI remains slightly above 50, indicating continued bullish bias. The immediate support…
You can see gold has plunged a bit during the trading session, but it is starting to show signs of life again right around the…
USD/JPY gains temporary ground near 145.00 as the US Dollar recoups initial gains. The Japanese economy contracted by 0.2% in the first quarter of the…
The Canadian Dollar (CAD) is entering Friday’s NA session flat vs. the USD as it consolidates around the midpoint of this week’s range, Scotiabank’s Chief…
The Australian dollar has shown itself to be fairly weak against the Japanese yen here during the trading session on Thursday. All things being equal,…
EUR/JPY is likely to encounter initial resistance around the nine-day EMA at 163.41. The 14-day RSI has moved below the 50 mark, indicating a strengthening…
Further sideways trading seems likely; firmer underlying tone suggests a higher range of 7.1950/7.2200. In the longer run, renewed downward momentum suggests 7.1700 is back…
Silver price gains temporary ground below $32.00 ahead of Fed Powell’s speech. Signs of improving US-China trade relations have dampened the appeal of safe-haven assets.…